Jack in the Box (JACK) Tops Q2 EPS by 7c, Comps Fall 0.8%, Offers Guidance

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Jack in the Box Inc. Reports Second Quarter FY 2017 Earnings; Updates Guidance for FY 2017; Declares Quarterly Cash Dividend

May 16, 2017 4:05 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. (NASDAQ: JACK) today reported earnings from continuing operations of $33.8 million, or $1.09 per diluted share, for the second quarter ended April 16, 2017, compared with $29.0 million, or $0.85 per diluted share, for the second quarter of fiscal 2016.

Operating earnings per share, a non-GAAP measure which the company defines as diluted earnings per share from continuing operations on a GAAP basis excluding restructuring charges and gains or losses from refranchising, were $0.98 in the second quarter of fiscal 2017 compared with $0.85 in the prior year quarter.

A reconciliation of non-GAAP... More